201 7Th Ave, Plaza, ND 58771
This exceptional mixed-use property, located at 201 7th Ave in Plaza, North Dakota, presents a unique investment opportunity. The property encompasses a total of 5,412 square feet, situated on a 0.32-acre lot (APN 59-0026100). The main structure, built in 1986, features a 42' x 58' free-span building with two 9'x9' overhead doors, a concrete floor, and bright lighting. A significant 48' x 62' addition, completed in 2019, boasts two large 14' overhead doors (one 14'x16', one 14'x10'), an epoxy-finished heated concrete floor, and an interior finished with liner panels. This addition also includes a well-appointed office and a half-bath. The property is currently vacant and zoned R1. Exterior features include a concrete driveway apron and RV hookups, providing ample parking. The building is classified as Class B and is offered at $340,000, translating to a price per square foot of $62.82. This owner-user investment opportunity is perfect for a variety of businesses needing both workspace and potential living quarters. The property's combination of existing structure and modern addition offers flexibility and adaptability for a wide range of uses. The location in Plaza, North Dakota, offers a unique blend of small-town charm and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.